Repeated outages of one of the most popular blockchains believed to have the potential to dethrone the Ethereum network sparked a conversation among community members about the future of those carrying the burden of being called an “Ethereum killer.” A member of the cryptocurrency forum on Reddit opened a conversation on Ethereum killers and questioned their ability to succeed in…
Opportunity cost, explained Opportunity cost is a concept in economics that refers to the value of the next best alternative that is forgone when making a choice — i.e., the cost of the best alternative that is not chosen. Consider the scenario when you have a limited budget and are debating between buying a new laptop or going on vacation.…
HyperPlay, a Web3 gaming launcher, is now live via early access. Available for all major platforms but optimized for MetaMask users, the app was co-developed by Web3 gaming DAO Game7 and the pseudonymous JacobC.eth, a former MetaMask operations lead. Jacob, who prefers to go by his first name or .eth handle for privacy reasons, told Decrypt that HyperPlay is “solving the…
Bitcoin rebounded on March 1, as markets reacted to the latest consumer confidence report from the United States. Confidence slipped last month, which appears to be a sign that higher rates are starting to take effect. Ethereum also moved higher on Wednesday, as prices moved above $1.650. Bitcoin Bitcoin (BTC) rebounded on Wednesday, which comes in the aftermath of the…
A central focus for many in the Web3 community has been improving identity solutions available to consumers. Last year the emergence of soulbound tokens (SBT) introduced a new way for users to define themselves. Although the SBT hype quieted over the last months, they have not disappeared off the scene. On Mar. 1, the SBT protocol Masa Finance announced that it…
The bankrupt crypto broker Voyager Digital announced that 97% of its customers with account holder claims have voted in favor of the proposed restructuring plan that will see Binance.US acquire the firm’s assets for $1.02 billion. Bankruptcy administration company Stretto, which conducted the poll, divided the eligible voters into four categories, one for “account holder claims” and three for “general…
Twitter suffered another outage on March 1 as thousands of users flagged issues with Elon Musk’s social media platform. The outage took place as Twitter founder Jack Dorsey’s new project, Bluesky, went into beta testing. Data from Downdetector showed thousands of issue reports from Twitter users from 9 am UTC, with issues slowly being resolved over a five hour period. 59%…
Twitter rival Bluesky has begun rolling out to users in private beta mode, showcasing the Jack Dorsey-backed decentralized social network for the first time. Users can now download the Bluesky app from Apple’s app store but must have an invitation code to make an account. “We really are still in beta, but DM me if you want an invite!” wrote…
2022 was a rather challenging year for the crypto sector, and the prevalence of Ponzi schemes, decentralized finance scams, nonfungible token rug pulls and questionable centralized exchange bookkeeping put the issue of ethics in the space on blast. Of course, the negative news of last year wasn’t an outlier or a one-off — generally, “good” ethics have been an issue…
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability” for blockchain companies, according to DDEC Secretary Luis Cidre. Puerto Rico Establishes Rules to Attract…
